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ANNOUNCEMENT
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

H.2, 1994, No, 51
Actions of the Board, its Staff, and
the Federal Reserve Banks;
Applications and Reports Received
During the Week Ending December 17, 1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

BANK HOLDING COMPANIES
Citicorp, New York, New York -- to engage in futures
commission merchant activities through Citicorp
Futures Corporation.
Approved, December 12, 1994.
First International Bancorp Texas, Inc., Bedford,
Texas, and First International Bancorp America,
Reno, Nevada -- to acquire First International
Bank, Bedford, Texas.
Approved, December 12, 1994.
Stichting Prioriteit ABN AMRO Holding, Amsterdam, The
Netherlands, Stichting Administratiekantoor ABN
AMRO Holding, ABN AMRO Holding N.V., ABN AMRO Bank
N.V. and ABN AMRO North America, Inc., Chicago.,
Illinois --to engage de novo in underwriting and
dealing in debt and equity securities on a limited
basis through ABN AMRO Securities (USA) Inc., New
York, New York.
Permitted, December 12, 1994.
BANK MERGERS
Crestar Bank, Richmond, Virginia -- to merge with
Independent Bank, Manassas, Virginia, and to
establish branches.
Approved, December 14, 1994.

CURRENCY




Federal Reserve notes -- increase in the 1994 new
currency budget for printing and related costs; and
approval of the 1995 new currency budget.
Approved, December 14, 1994.

H.2
DECEMBER 1 2 ,
PAGE 2

1994

TO

DECEMBER 16,

1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

ENFORCEMENT
United Bank Corporation of New York, Stamford, New
York, First National bank of Lisbon, Ogdensburg,
New York, First National Bank of Amenia, Amenia,
New York, and First National Bank of Downsville,
Downsville, New York -- order of prohibition, order
to cease and desist, and order of assessment of a
civil money penalty against Michael A. Jacobs, an
institution-affiliated party.
Announced, December 15, 1994.
FORMS
Financial Statements for a Bank Holding Company
Subsidiary Engaged in Bank Ineligible Securities
Underwriting and Dealing CFR Y-20) -- extension
with revision.
Proposed, December 16, 1994.
Form for Registration as a Transfer Agent CFR TA-1) - extension with revision.
Proposed, December 16, 1994.
Government Securities Dealer Activities CFR G-FIN)
and Notice of Termination of Government Securities
Dealer Activities (FR G-FINW) -- extension with
revision of (FR G-FIN) and extension of (FR GFINW).
Proposed, December 16, 1994.
Notice Claiming Status as an Exempt Transfer Agent
(FR 4013) -- extension.
Proposed, December 16, 1994.
REGULATIONS AND POLICIES




Capital adequacy -- amendments to risk-based capital
guidelines to establish a limitation on the amount
of certain tax deferred tax assets that may be
included in Tier 1 capital for risk-based and
leverage capital purposes (Docket R-0795).
Approved, December 14, 1994.

H.
2
DECEMBER 12, 199^4
PAGE 3

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE BOARD OF GOVERNORS

REGULATIONS AND POLICIES
Regulation Y -- amendment to remove certain
restrictions on tying between nonbank subsidiaries
of bank holding companies (Docket R-0843).
Approved, December 14, 1994.
Regulation Z -- request for comment concerning
whether consumers might benefit from greater
flexibility in waiving the right of rescission
under the Truth in Lending Act (Docket R-0864).
Approved, December 13, 1994.
Section 20 subsidiaries -- order to extend to all
section 20 subsidiaries a cross-marketing
interpretation previously granted on a case-by-case
basis.
Authorized, December 14, 1994.
Uniform Rules of Practice and Procedure -- final
rule amending provisions relating to ex parte
communications (Docket R-0855).
Approved, December 15, 1994.
RESERVE BANK OPERATIONS




Budgets for 1995.
Approved, December 14, 1994.
Federal Reserve Bank of Richmond -- to purchase check
reader / sorters.
Approved, December 14, 1994.

H.
2
DECEMBER 12, 1994
PAGE 4

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY
ABBREVIATIONS: BS&R - Banking Supervision and Regulation; C&CA - Consumer and
Community Affairs; FOMC - Federal Open Market Committee; FRBO - Federal Reserve
Bank Operations; IF - International Finance; OSDM - Office of Staff Director
for Management
BANK BRANCHES. DOMESTIC
Kansas City

Ark Valley Independent Bank, La Junta, Colorado -- to
establish an automated teller machine at 27496 U.S.
Highway 50.
Approved, December 12, 1994.

Atlanta

City First Bank, Tampa, Florida -- to establish a
branch at 8603 West Hillsborough Avenue.
Approved, December 14, 1994.

Atlanta

Commercial Bank of Florida, Miami, Florida -- to
establish a branch at 69 Westward Drive, Miami
Springs, Florida.
Approved, December 16, 1994.

Philadelphia

Meridian Bank, Reading, Pennsylvania -- to establish
a branch inside the Festival Foods Store, 3437
Simpson Ferry Road, Camp Hill, Pennsylvania.
Approved, December 12, 1994.

Philadelphia

Premier Bank, Doyleston, Pennsylvania --to establish
a branch at 2201 Northampton Street, Northampton,
Pennsylvania.
Approved, December 12, 1994.

Minneapolis

Security Bank and Trust Company, Webster, South
Dakota -- to establish a branch in Webster.
Approved, December 14, 1994.

Chicago

Wayne Bank and Trust Company, Cambridge City, Indiana
-- to establish a branch at 2260 National Road
West, Richmond, Indiana.
Approved, December 12, 1994.

BANK HOLDING COMPANIES




Secretary

Altus NBC Corporation, Altus, Oklahoma -- to acquire
Capital National Bancshares, Inc., Oklahoma City,
Oklahoma, and Capital National Bank.
Approved, December 15, 1994.

H.
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DECEMBER 12, 1994
PAGE 5

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Chicago

Associated Banc-Corp., Green Bay, Wisconsin -- to
serve as trustee for personal trusts and as trustee
for Illinois Land Trusts through Associated Trust
Company of Illinois, Chicago, Illinois.
Permitted, December 16, 1994.

Secretary

Bank South Corporation, Atlanta, Georgia, SunTrust
Banks, Inc.; Synovus Financial Corp., Columbus,
Georgia, TB&C Bancshares, Inc.; Barnett Banks,
Inc., Jacksonville, Florida; BB&T Financial
Corporation, Wilson, North Carolina, First Citizens
Bancshares, Inc., Raleigh, North Carolina, First
Union Corporation, Charlotte, North Carolina,
NationsBank Corporation; Southern National
Corporation, Lumberton, North Carolina, Wachovia
Corporation, Winston-Salem, North Carolina, and
United Carolina Bancshares Corporation, Whiteville,
North Carolina - - t o engage in providing card
embossing and issuing services through Southeast
Switch, Maitland, Florida.
Approved, December 12, 1994.

Kansas City

Berlau Bancshares, Inc., Prairie Village, Kansas -to acquire Brooke State Bank, Jewell, Kansas.
Approved, December 13, 1994.

Director, BS&R

CCFNB Bancorp, Inc., Bloomsburg, Pennsylvania -transfer agent registration.
Approved, December 16, 1994.

San Francisco

Centennial Holdings, Ltd., Olympia, Washington -- to
acquire Centennial Bank.
Approved, December 14, 1994.

St. Louis

CNB Bancshares, Inc., Evansville, Indiana -- to
engage de novo in making an equity investment in a
low-income housing development project through the
acquisition of the Shelbyville High Apartments,
Limited Partnership, Huntingburg, Indiana.
Permitted, December 15, 1994.

H.
2
DECEMBER 12, 1994
PAGE 6

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




New York

Commerzbank Aktiengesellschaft, Frankfurt, Germany -to engage de novo in the nonbanking activities of a
futures commission merchant through CB Clearing,
Inc., Chicago, Illinois.
Permitted, December 12, 1994.

Dallas

Community Bancshares, Inc., Katy, Texas -- to acquire
Community Bancshares of Delaware, Inc., Wilmington,
Delaware, and Community Bank, Katy, Texas.
Approved, December 15, 1994.

Dallas

Community Bancshares of Delaware, Inc., Wilmington,
Delaware -- to acquire Community Bank, Katy, Texas.
Approved, December 15, 1994.

Minneapolis

Conrad Company, Minneapolis, Minnesota -- to acquire
The Bank of Santa Fe, Santa Fe. New Mexico.
Approved, December 14, 1994.

Minneapolis

Dakota Bancshares, Inc., Mendota Heights, Minnesota - to acquire St. Paul Bancshares, Inc., St. Paul,
Minnesota.
Approved, December 13, 1994.

Chicago

Eiden Interest, Ltd., Gurnee, Illinois -- to acquire
First Waukegan Corporation, Glenview, Illinois, and
Bank of Northern Illinois.
Returned, December 13, 1994.

Secretary

FCNB Corp., Frederick, Maryland -- to merge with ENB
Financial Corp., Elkridge, Maryland.
Approved, December 16, 1994.

Richmond

First Virginia Banks, Inc., Falls Church, Virginia -to engage de novo in leasing activities through
First General Leasing Company.
Permitted, December 14, 1994.

Boston

Fleet Financial Group, Inc., Providence, Rhode Island
-- to acquire Providence Group Investment Advisory
Company.
Withdrawn, December 13, 1994.

H.2
DECEMBER 12, 1994
PAGE 7

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Atlanta

Hancock Holding Company, Gulfport, Mississippi -- to
merge with First Denham Bancshares, Inc., Denham
Springs, Louisiana, and acquire The First National
Bank of Denham Springs.
Approved, December 13, 1994.

Dallas

IBC Subsidiary Corporation, Wilmington, Delaware -to acquire Bank of Corpus Christi, Corpus Christi,
Texas.
Approved, December 13, 1994.

Dallas

International Bancshares Corporation, Laredo, Texas - to acquire Bank of Corpus Christi, Corpus
Christi, Texas.
Approved, December 13, 1994.

Cleveland

Laurel Capital Group, Inc., Allison Park,
Pennsylvania -- to acquire Laurel Savings Bank.
Approved, December 12, 1994.

Atlanta

Lowndes Bancshares, Inc., Valdosta, Georgia -- to
expand data processing and transmission services to
Panama through Goldleaf Technologies, Inc., Hahira,
Georgia.
Approved, December 15, 1994.

Cleveland

Merchants Bancorp of Pennsylvania, Inc., Kittanning,
Pennsylvania -- to acquire The Merchants National
Bank of Kittanning.
Approved, December 14, 1994.

Minneapolis

Minnesota Bancshares, Inc., Newport, Minnesota -- to
engage de novo in lending activities.
Permitted, December 12, 1994.

Director, BS&R

NationsBank Corporation, Charlotte, North Carolina determination that NationsBanc Capital Markets,
Inc., Charlotte, North Carolina, may begin
underwriting and dealing in equity securities.
Approved, December 16, 1994.

H.2
DECEMBER 12, 1994
PAGE 8

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES




Atlanta

New Prosperity Banking Corporation, St. Augustine,
Florida - - t o acquire Prosperity Banking Company
and Prosperity Bank of St. Augustine.
Approved, December 16, 1994.

Chicago

N.S. Bancorp, Chicago, Illinois -- to acquire
Norhwestern Savings Bank, and 5 percent of the
voting shares of Firstfed Bancshares, Des Plains,
Illinois, and engage in lending activities.
Approved, December 14, 1994.

Chicago

Oak Bancorporation, Oakland, Iowa -- to acquire
Security Bancorp, Stanton, Iowa, and Security State
Bank.
Approved, December 14, 1994.

Chicago

Principal National Bancorp, Inc., Pontiac, Illinois - to acquire Home Guaranty Savings Association,
Piper City, Illinois.
Approved, December 16, 1994.

Chicago

Rantoul Bancorp, Inc., Rantoul, Illinois -- to
acquire Bancorp of Rantoul, Inc., and Bank of
Rantoul.
Returned, December 16, 1994.

Cleveland

Rockcastle Bancorp, Inc., Brodhead, Kentucky -- to
acquire Citizens Bank.
Approved, December 14, 1994.

Chicago

Royal Bankshares, Inc,, Elroy, Wisconsin -- to
acquire Iowa-Grant Bankshares, Inc., Cobb,
Wisconsin, and Cobb State Bank.
Approved, December 16, 1994.

Chicago

San Jose Banco, Inc., Fremont, Indiana -- to acquire
First National Bank of Fremont.
Approved, December 15, 1994.

Boston

Shawmut National Corporation, Hartford, Connecticut - to acquire Northeast Federal Corp., Hartford,
Connecticut, and Northeast Savings, F.A.
Approved, December 14, 1994.

H.
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DECEMBER 12, 1994
PAGE 9

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK HOLDING COMPANIES
Atlanta

Southeastern Banking Corporation, Darien, Georgia determination that an application is not required
to acquire Citizens Bank & Trust Company of Mount
Vernon, Mount Vernon, Georgia.
Granted, December 15, 1994.

Atlanta

Southeastern Banking Corporation, Darien, Georgia request for waiver of application to acquire
Citizens Bank & Trust Company of Mount Vernon,
Mount Vernon, Georgia.
Granted, December 15, 1994.

Dallas

Texas Financial Bancorporation, Inc., Minneapolis,
Minnesota -- to acquire Monmouth Financial
Services, Inc.; Fulton State Bank, Fulton,
Illinois, Monmouth Trust and Savings Bank,
Monmouth, Illinois, and First National Bank of
Rosenberg, Rosenberg, Texas.
Approved, December 14, 1994.

Kansas City

UMB Financial Corporation, Kansas City, Missouri -to act as a dealer in government obligations and
money market instruments.
Approved, December 16, 1994.

San Francisco

West Coast Bancorp, Newport Beach, California -- to
acquire Business & Professional Bank, Woodland,
California.
Approved, December 13, 1994.

BANK MERGERS




Minneapolis

Dakota County State Bank, Mendota Heights,
Minnesota --to purchase the assets and assume the
liabilities of The Phalen Bank, St. Paul,
Minnesota, and establish a branch.
Approved, December 13, 1994.

New York

United Jersey Bank, Hackensack, New Jersey -- to
merge with Palisade Savings Bank, FSB, Ridgefield
Park, New Jersey, and to establish branches.
Approved, December 14, 1994.

H.2
DECEMBER 12, 1994
PAGE 10

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK PREMISES
San Francisco

Community Bank of Nevada, Las Vegas, Nevada -investment in bank premises.
Returned, December 16, 1994.

Chicago

Harris Bank St. Charles, St. Charles, Illinois -investment in bank premises.
Approved, December 13, 1994.

BANKS. NONMEMBER. AND MISCELLANEOUS INSTITUTIONS
Director, BS&R

United New Mexico Trust Company, Albuquerque, New
Mexico -- transfer agent registration.
Withdrawn, December 16, 1994.

BANKS. STATE MEMBER
Kansas City

Bank of Colorado-Front Range, Windsor, Colorado -payment of a dividend.
Approved, December 15, 1994.

Kansas City

Citizens Bank & Trust Company, Torrington, Wyoming -payment of a dividend.
Approved, December 12, 1994.

Kansas City

Citizens Bank & Trust Company, Okmulgee, Oklahoma -payment of a dividend.
Approved, December 16, 1994.

Minneapolis

Culbertson State Bank, Culbertson, Montana -- payment
of a dividend.
Approved, December- 14, 1994.

CAPITAL STOCK




Kansas City

Cook Investment, Inc., Beatrice, Nebraska -redemption of shares.
Approved, December 12, 1994.

Chicago

First Waukegan Corporation, Glenview, Illinois
redemption of shares.
Returned, December 13, 1994.

H.2
DECEMBER 12, 199*4
PAGE 11

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

CHANGE IN BANK CONTROL
Kansas City

Berthoud Bancorp, Inc., Berthoud, Colorado -- change
in bank control.
Permitted, December 14, 1994.

Dallas

B.O.A. Bancshares, Inc., Houston, Texas -- change in
bank control.
Permitted, December 14, 1994.

Kansas City

Cherokee County Bancshares, Inc., Hulbert, Oklahoma
- change in bank control.
Permitted, December 13, 1994.

Kansas City

Cook Investment, Inc., Beatrice, Nebraska -- change
in bank control.
Permitted, December 12, 1994.

Atlanta

Marion County Bancshares, Inc., Hamilton, Alabama -change in bank control.
Permitted, December 16, 1994.

Atlanta

Unisouth, Inc., Umatilla, Florida -- change in bank
control.
Permitted, December 16, 1994.

COMPETITIVE FACTORS REPORTS




St. Louis

Bank of Orleans, Orleans, Indiana, proposed merger
with Orleans Interim Bank -- report on competitive
factors.
Submitted, December 13, 1994.

St. Louis

Boatmen's Bank of South Central Illinois, Mount
Vernon, Illinois, proposed merger with Community
State Bank, Salem, Illinois -- report on
competitive factors.
Submitted, December 16, 1994.

Atlanta

Chase Federal Bank, FSB, Miami, Florida, proposed
purchase of the assets and assumption of the
liabilities of the branches of Intercontinental
Bank -- report on competitive factors.
Submitted, December 14, 1994.

H.
2
DECEMBER 12, 1994
PAGE 12

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Kansas City

Citizens State Bank, Osage City, Kansas, proposed
acquisition of the assets and assumption of the
liabilities of Bank Central, Beloit, Kansas -report on competitive factors.
Submitted, December 16, 1994.

Atlanta

Deposit Guaranty National Bank, Jackson, Mississippi,
proposed purchase of the assets and assumption of
the liabilities of the branches of Sunburst Bank,
Grenada, Mississippi -- report on competitive
factors.
Submitted, December 14, 1994.

Kansas City

Federal Bank, F.S.B., Omaha, Nebraska, proposed
acquisition of the assets and assumption of the
liabilities of Provident Federal Savings Bank,
Lincoln, Nebraska -- report on competitive factors.
Submitted, December 13, 1994.

San Francisco

Golden West Financial Corporation, Oakland,
California, proposed establishment of Interim
Watchung Hills Federal Savings Bank, Warren, New
Jersey, in order to acquire the assets and
liabilities of Watchung Hills Savings Bank -report on competitive factors.
Submitted, December 13, 1994.

Secretary

Heart Federal Savings and Loan Association, Auburn,
California, proposed merger with U.S. Bank of
California, Sacramento, California -- report on
competitive factors.
Submitted, December 14, 1994.

Richmond

Industrial Bank, National Association, Washington,
D.C., proposed merger with Industrial Interim Bank,
National Association -- report on competitive
factors.
Submitted, December 14, 1994.

Minneapolis

M&I Merchants Bank, Rhinelander, Wisconsin, proposed
merger with First Valley National Bank -- report on
competitive factors.
Submitted, December 14, 1994.

H.2
DECEMBER 12, 1994
PAGE 13

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS




Dallas

New Riverway Bank, Houston, Texas, proposed merger
with Riverway Bank -- report on competitive
factors.
Submitted, December 16, 1994.

Dallas

New State Bank of La Vernia, La Vernia, Texas,
proposed merger with State Bank of La Vernia -report on competitive factors.
Submitted, December 14, 1994.

Boston

People’s Savings Bank of Brockton, Brockton,
Massachusetts, proposed acquisition of certain
assets and assumption of certain liabilities of the
Brockton branch of Haymarket Co-operative Bank,
Boston, Massachusetts -- report on competitive
factors.
Submitted, December 16, 1994.

Richmond

Provident Bank of Maryland, Baltimore, Maryland,
proposed acquisition of certain assets and
assumption of liability to pay certain deposits in
the Columbia, Maryland, branch of Columbia First
Bank, a Federal Savings Bank, Arlington, Virginia - report on competitive factors.
Submitted, December 16, 1994.

Boston

Shawmut Bank Connecticut N.A., Hartford, Connecticut,
proposed purchase of assets and assumption of
liabilities of eight branches of Northeast Savings,
F.A., Hartford, Connecticut -- report on
competitive factors.
Submitted, December 12, 1994.

Atlanta

Southeastern Bank, Darien, Georgia -- proposed
acquisition of the assets and assumption of the
liabilities of the Citizens Bank and Trust Company
of Mount Vernon, Eastman, Georgia -- report on
competitive factors.
Submitted, December 12, 1994.

Dallas

Valley National Bank, McAllen, Texas, proposed merger
with Frost National Bank, San Antonio, Texas -report on competitive factors.
Submitted, December 13, 1994.

H.
2
DECEMBER 12, 1994
PAGE 14

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

COMPETITIVE FACTORS REPORTS
Richmond

1st Washington Bancorp, Inc., Herndon, Virginia,
proposed acquisition of the assets and assumption
of the liabilities of Washington Federal Savings
Bank, Herndon, Virginia -- report on competitive
factors.
Submitted, December 13, 1994.

EXTENSIONS OF TIME




Atlanta

Barnett Banks, Inc., Jacksonville, Florida -extension to March 23, 1995, to engage de novo in
acting as agent in the private placement of
securities through Barnett Securities, Inc.,
Jacksonville, Florida.
Granted, December 14, 1994.

Richmond

First Community Bank, Princeton, West Virginia -extension to March 14, 1995, to merge with Flat Top
National Bank, Bluefield; Peoples Bank of Bluewell,
Bluewell; and First Federal Savings Bank,
Bluefield, West Virginia.
Granted, December 13, 1994.

Cleveland

Peoples Bancorp of Mt. Pleasant, Inc., Mount
Pleasant, Ohio -- extension to March 15, 1995, to
acquire The Peoples National Bank of Mt. Pleasant.
Granted, December 15, 1994.

San Francisco

Wells Fargo & Company, San Francisco, California
extension to divest certain property.
Granted, December 13, 1994.

Dallas

Western Commerce Bancshares of Carlsbad, Inc.,
Carlsbad, New Mexico -- extension to March 13,
1995, to acquire Western Bancshares of Clovis, Inc.
Granted, December 13, 1994.

H.
2
DECEMBER 12, 1994
PAGE 15

TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

MEMBERSHIP
San Francisco

Community Bank of Nevada, Las Vegas, Nevada -- to
become a member of the Federal Reserve System.
Returned, December 16, 1994.

Secretary

Elkridge National Bank, Elkridge, Maryland -- to
become a member of the Federal Reserve System.
Approved, December 16, 1994.

Chicago

Fifth Third Bank of Central Indiana, Indianapolis,
Indiana --to become a member of the Federal
Reserve System.
Approved, December 14, 1994.

Chicago

Fifth Third Bank of Southeastern Indiana, Batesville
Indiana --to become a member of the Federal
Reserve System.
Approved, December 14, 1994.

RESERVE BANK SERVICES




Director, FRBO

Federal Reserve Bank of Cleveland -- to implement a
range of image-based commercial check products at
its four offices.
Approved, December 12, 1994.

H.2
DECEMBER 12, 1994
PAGE 16

ADDITIONS AND CORRECTIONS
TO

DECEMBER 16, 1994

ACTIONS TAKEN BY THE STAFF AND THE FEDERAL RESERVE BANKS
UNDER DELEGATED AUTHORITY

BANK BRANCHES. DOMESTIC
Cleveland

Fifth Third Bank, Cincinnati, Ohio -- to establish a
branch at 1700 West Park, Xenia, Ohio.
Approved, December 5, 1994.

BANK HOLDING COMPANIES
Chicago

Park Bancorporation, Inc., Madison, Wisconsin -- to
engage in community development activities through
Park Community Investment Corporation.
Returned, December 7, 1994.

San Francisco

Washington Mutual Federal Savings Bank, Lake Oswego,
Oregon, proposed merger with Olympus Bank, A
Federal Savings Bank, Salt Lake City, Utah -report on competitive factors.
Approved, November 16, 1994.

EXTENSIONS OF TIME




San Francisco

Community Bancorporation, Orem, Utah -- extension to
March 19, 1995, to acquire Western Community Bank.
Granted, December 8, 1994.

Minneapolis

Community Bank-Missoula, Inc., Missoula, Montana -extension to February 25, 1995, to commence
operations and to become a member of the Federal
Reserve System.
Granted, December 9, 1994.

Minneapolis

Montana Community Bank, Inc., Ronan, Montana -extension to February 25, 1995, to acquire
Community Bank-Missoula, Inc., Missoula, Montana.
Granted, December 9, 1994.

FEDERAL RESERVE BANK OF BOSTON APPLICATIONS
SECTION I - APPLICATIONS SUBJECT TO
NEWSPAPER NOTICE ONLY
Application

Comment Period Ending Date
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE

Application

Comment Period Ending Date

Bank of Boston Corporation
and BancBoston Holdings, both
of Boston, Massachusetts 3(a)(3) application to acquire
100% of the voting shares of
Bank of Boston, National
Association, South Portland,
Maine*

Newspaper

Not Yet Established

Federal Register

01-05-95

SECTION III - APPLICATIONS SUBJECT TO
FEDERAL REGISTER NOTICE ONLY
Application

Comment Period Ending Date
NONE
SECTION IV - APPLICATIONS NOT SUBJECT TO
FEDERAL REGISTER OB, NEWSPAPER NOTICE

Application
NONE
SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Institution

Examination Date

Rating**

NONE
♦Subject to CRA.
♦♦Rating Definitions:
"O" - Outstanding; "S" - Satisfactory;
- Needs to Improve; "SN" - Substantial Noncompliance.



"N"

F e d e r a l R eserve Bank o f New York

Comment Period
Ending Date
SECTION I
Applications Subject to Newspaper
___________ Notice Only___________
United Jersey Bank, Hackensack, New Jersey, to establish a
branch at 65 Madison Avenue, Morristown, New Jersey. 1/

1/11/95

SECTION II
Applications Subject to Both
Newspaper and Federal Register Notice
N one.

SECTION III
Nonbanking Applications
(subject to Federal Register Notice Only)
Union Bank of Switzerland, Zurich, Switzerland, to acquire
through its wholly owned indirect subsidiary, UBS Asset
Management (New York) Inc., substantially all of the assets
of Timberland Resources, Inc., and its subsidiary,
Resource Investments, Inc., both of Lebanon, New Hampshire,
and thereby engage in investment advisory activities,
specializing in real estate (timberland).

SECTION IV
Applications Not Involving
______ Public Comment______
None.

1/ Subject to provisions of Community Reinvestment Act.




N/A

SECTION V

Availability of CRA Public Evaluations
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following group:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and
is a leader in, ascertaining and helping to meet the credit
needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record
of ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources an
capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record
of ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate- income neighbor­
hoods, in a manner consistent with its resources and capabilities.
Week Ending December 17, 1994
NAME OF BANK

RATING

EXAMINATION DATE

None.

|GJ |tO |H

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/

4/

Subject to provisions of Community Reinvestment Act.
Later of dates specified in newspaper and Federal Register notices.
Date specified in newspaper notice; a later date may be specified in
the Federal Register notice.
Date specified in Federal Register notice; a later date may be
specified in the newspaper notice.
N/A - Not Available




FEDERAL RESERVE BARE OF PHILADELPHIA

Section I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
NONE
SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL REGISTER NOTICE
NONE
SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY
Keystone Financial, Inc#, Harrisburg, Pennsylvania to establish a non-bank subsidiary
to be named Key Trust Company, which will engage in the trust activities of Keystone's
subsidiary, Frankford Trust Company, Philadelphia, Pennsylvania, pursuant to Section
4(c)(8) of the Bank Holding Company Act and Section 225.25(b)(3) of Regulation Y.
Federal Register comment period expires:

12/13/94*

Susquehanna Bancshares. Inc., Lititz, Pennsylvania requests approval to acquire 100%
of the voting shares of Atlanfed Bancorp, Inc, and its wholly owned subsidiary,
Atlantic Federal Savings Bank, Baltimore, Maryland, pursuant to Section 4(c)(8) of Bank
Holding Company Act and Section 225.25(b)(9) of Regulation Y.
Federal Register comment period expires:

N/A*

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE OR NEWSPAPER NOTICE
NONE

1/ Subject to provisions of Community Reinvestment Act.
* N/A - not yet available.

•Correction: Keystone Financial Inc.'s 7R consent period expiration date
is 12/13/94. Susquehanna Bancshares, Inc. has not yet published.




FEDERAL RESERVE BANK OF PHILADELPHIA

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following institutions were examined for CRA. The 30-business day period the bank
has to make the evaluation public has lapsed during the week ending December 12, 1994.
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and helping
to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and
capabilities•
Heeds to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascertaining
and helping to meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its resources
and capabilities.
Bank/Location

Examination Date

CRA Ratina

Montour Bank
1519 Bloom Road
Danville, PA. 17821

5/2/94

Satisfactory




F e d e r a l R ese r v e B a n k
of C l e v e l a n d
P. O. BOX 6387
CLEVELAND. OHIO 44101-1387

APPLICATIONS BULLETIN
(For the week ending December 24,1994)
SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY

Received prior notice from Premier Bank & Trust, Elyria,
Ohio, on December 2, 1994, of its intent to establish branch
facilities at 38475 Chestnut Ridge Road, Elyria, Ohio, and
15181 State Route 58, Oberlin, Ohio.

* Not Yet Known #

Received application from The Provident Bank,
Cincinnati, Ohio, on December 22, 1994, of its intent to
acuire and merge with Heritage Savings Bank,
Cincinnati, Ohio, pursuant to Sections 5(d)(3) and 18(c)
of the Federal Deposit Insurance Act, and thereby establish
branch offices pursuant to Section 9 of the Federal Reserve Act.

* January 15, 1995

SECTION II - APPLICATIONS SUBJECT TO BOTH NEWSPAPER AND FEDERAL
REGISTER NOTICE

NONE

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE ONLY

NONE

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE

NONE

* - Subject to CRA
N - Newspaper Comment Period
F - Federal Register Comment Period
# - Expected to End 30 Days from Date of Receipt



AVAILABILITY OF CRA PUBLIC EVALUATIONS
(December 16, 1994)

The following state member banks have been examined by the Federal Reserve Bank of
Cleveland for compliance with The Community Reinvestment Act. A public evaluation document
became available from the bank(s) listed below during the week ended December 16, 1994. If you
are interested in obtaining a copy of an evaluation document, please contact the bank(s) directly.
There are four descriptive ratings for CRA:
OUTSTANDING: a bank in this group has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SATISFACTORY: a bank in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community, including low- and
moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
NEEDS TO IMPROVE: a bank in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated community, including lowand moderate-income neighborhoods, in a manner consistent with its resources and capabilities.
SUBSTANTIAL NON COMPLIANCE: a bank in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with its resources and
capabilities.

NONE




Federal Reserve Bank of Richmond
Section I - Applications Subject to Newspaper
Notice Only
Application

Comment Period Ending Date

Centura Bank, Rocky Mount, North
Carolina, to establish a branch at
74 Patton Avenue, Asheville, North
Carolina.*

1-9-95

Centura Bank, Rocky Mount, North
Carolina, to establish an Electronic
Funds Transfer Facility in the W.H.
Plemmons Student Union at Appalachian
State University, Boone, North Carolina.*

1-9-95

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period Ending Date

None.

Section III - Applications Subject to Federal Register Notice
Application

Comment Period Ending Date

None.

Section IV - Application Not Subject to
Federal Register Notice or Newspaper Notice
The Page Valley Bank, Luray, Virginia,
to pay a dividend in excess of current
income and the previous two years'
retained income.

‘ 'Application is subject to CRA requirements.
-




Federal Reserve Bank of Richmond

Availability of CRA Public Evaluations
Week ending December 19, 1994'

Definition of Ratings
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to improve record of meeting community credit needs.
An institution in this group needs to improve its overall record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of ascer­
taining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.

Examination
Date

Rating

The Pleasants County Bank
323 2nd Street
St. Marys, West Virginia 26170

9-26-94

Outstanding

The Farmers Bank of Appomattox
18 Main Street
Appomattox, Virginia 24522

9-26-94

Outstanding




A p p lic a tio n s

F e d e r a l R e s e r v e Bank o f A t l a n t a
B u l l e t i n f o r Week E n d i n g D e c e m b e r

16,

1994

Section 1 - Applications Subject to Newspaper Notice Only

Application

Comment Period Ending Date

TransAtlantic Bank
Miami, Florida
To establish a branch
Florida.

12-28-94*
located

at

102

N.W.

37

Avenue,

Miami,

Section 2 - Applications Subject to Both
Newspaper and Federal Register Notice

Application

Comment Period Ending Date

TAG Bancshares, Inc.
01-09-95*
Trenton, Georgia
Federal Register
After-the-fact change in control notice by Mr. C. Lentz Reynolds,
Jr., to retain 18.25 percent of the outstanding shares of TAB
Bancshares, Inc., Trenton, Georgia.
United Bank Corporation
Not yet available*
Profit Sharing Stock Plan
Barnesville, Georgia
1-BHC formation, United Bank Corporation, Barnesville, Georgia, and
thereby acquire United Bank of Griffin, Griffin, Georgia, United
Bank of Pike, Zebulon, Georgia, and United Bank, Barnesville,
Georgia.
Bancol y Cia. en C. (formerly known as Bancol S.A.)
Santafe de Bogota, Colombia
1-BHC formation, Eagle National Bank of Miami,
Florida.

N.A.,

Miami,

Section 3 - Applications Subject to Federal Register Only

Application

Comment Period Ending Date

None.

*Subject to provisions of the Community Reinvestment Act.




A p p lic a tio n s

F e d e r a l R e s e rv e Bank o f A t l a n t a
B u l l e t i n f o r Week E n d i n g D e c e m b e r

16,

Section 4 - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
Broadstreet, Inc.
Atlanta, Georgia
Commitment waiver request.




1994

A p p lic a tio n s

F e d e r a l R e s e rv e Bank o f A t l a n t a
B u l l e t i n f o r Week E n d i n g D e c e m b e r

16,

1994

Section 10 - Availability of CRA Public Evaluations

The CRA public evaluations of the insured depository institutions
listed below became available during this week.
Information
about an institution's CRA evaluation may be obtained directly
from the institution.
In connection with the assessment of an
institution's CRA performance, a rating is assigned from the
following groups:

Outs tandinq record of meeting community credit needs :
An
institution has an outstanding record of, and is a leader in,
ascertaining and helping to meet the credit needs of its entire
delineated
community,
including
lowand
moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs :
An
institution has a satisfactory record of ascertaining and helping
to meet thecredit
needs of its entire delineated
community,
including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs : An
institution needs to improve its overall record of ascertaining
and helping
to meet the credit
needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Substantial noncompliance in meeting community credit needs : An
institution
has a substantially deficient record of ascertaining
and helping
to meet the credit
needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
Examination
Bank
None.




Rating

Date

Federal Reserve Bank of Chicago
Section I - Applications Subject to Newspaper
Notice Only

Application

Comment Period
Ending Date

Merger/Branch

Citizens Commercial & Savings Bank
N - **
Flint, Michigan
Bank One, Fenton, N.A.
Fenton, Michigan
Bank One, Ypsilanti, N.A.
Ypsilanti, Michigan
Bank One, East Lansing
East Lansing, Michigan
Bank One, Sturgis
Sturgis, Michigan and to establish 20 branches

Membership

Union State Bank
Rockwell City, Iowa
to become a member of the Federal Reserve
System

N - **

Membership

Foxdale Bank
South Elgin, Illinois
to become a member of the Federal Reserve
System

N - 10-26-94




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice

lYP-g

Application

Comment Period
Ending Date

CoC-HC

WFC, Inc.
Waukon, Iowa
James E. Sweeney and Margo Sweeney

FR - 11-8-94
N - 12-20-94

CoC-HC

Mid-America National Bancorp,
Chicago, Illinois
Harold P. O'Connell, Jr.

FR - 10-31-94
N - 12-23-94

Y-2

Greatbanc, Inc.
FR
Aurora, Illinois
N
Greatbank
Algonquin, Illinois--to reactivate a charter*

Y-2

Waupaca Bancorporation, Inc.
Waupaca, Wisconsin
NBC Bancshares, Inc.
Pampa, Texas
National Bank of Commerce
Pampa, Texas*

Y-2

Citizens Banking Corporation
Flint, Michigan
Bank One, Fenton, N.A.
Fenton, Michigan
Bank One, Ypsilanti, N.A.
Ypsilanti, Michigan
Bank One, East Lansing
East Lansing, Michigan
Bank One, Sturgis
Sturgis, Michigan

Y-l

Community Bancorp, Inc.
Norwalk, Wisconsin
Community State Bank
Norwalk, Wisconsin*

FR - 12-05-94
NP - 12-26-94

Y-l

West Town Bancorp, Inc.
Cicero, Illinois
West Town Savings Bank
Cicero, Illinois*

FR - 12-19-94
NP - 12-9-94

Y-2

FBOP Corporation
Oak Park, Illinois
North Houston Bank
Houston, Texas*

FR - 1-9-95
NP - 12-28-94




Inc.

10-28-94
12-25-94

FR - 12-23-94
N - 12-17-94

FR - 12-5-94
N - **

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued).
Comment Period
Ending Date

Iwaa

Application

y -i

Rantoul Bancorp, Inc.
Rantoul, Illinois
Bancorp of Rantoul, Inc.
Rantoul, Illinois
Bank of Rantoul
Rantoul, Illinois*

Y-2

Marshall & Ilsley Corporation
FR - 12-16-94
Milwaukee, Wisconsin
N - 12-11-94
Financial Services Corporation of the Midwest
Rock Island, Illinois
Rock Island Bank
Rock Island, Illinois*

Y-2

Old Kent Financial Corporation
Grand Rapids, Michigan
First National Bank Corp.
Mount Clemens, Michigan
First National Bank in Macomb CountyMount Clemens, Michigan*

FR - 12-08-94
NP - 12-26-94

Y-2

Longview Capital Corporation
Newman, Illinois
First Prairie Bankshares, Inc.
Georgetown, Illinois
First National Bank of Georgetown
Georgetown, Illinois*

FR - 12-29-94
NP - 12-19-94

Y-l

Philipps Investment Company Limited
Partnership
Spring Hill, Florida
Gratiot Bancshares, Inc.
Gratiot, Wisconsin
Gratiot State Bank
Gratiot, Wisconsin*

FR - 12-15-94
NP - 12-30-94

Y-l

Philipps Investment Limited Partnership
Wapiti, Wyoming
Gratiot Bancshares, Inc.
Gratiot, Wisconsin
Gratiot State Bank
Gratiot, Wisconsin*

FR - 12-15-94
NP - 12-30-94

Y-2

Comerica California Incorporated
San Jose, California
University Bank & Trust Company
Palo Alto, California*

FR - 12-30-94
★★
NP




FR - 12-15-94
N - **

Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date

Type

Application

Y-2

Comerica Incorporated
Detroit, Michigan
University Bank & Trust Company
Palo Alto, California*

FR - 12-30-94
NP - **

Y-2

Firstar Corporation
Milwaukee, Wisconsin
Investors Bank Corp.
Wayzata, Minnesota
Investors Savings Bank, F.S.B.
Wayzata, Minnesota*

FR - 12-29-94
NP - 12-25-94

Y-2

Firstar Corporation of Minnesota
Bloomington, Minnesota
Investors Bank Corp.
Wayzata, Minnesota
Investors Savings Bank, F.S.B.
Wayzata, Minnesota*

FR - 12-29-94
NP - 12-25-94

Y-l

Alpha Bancorp, Inc.
Chicago, Illinois
Alpha Financial Corporation
Chicago, Illinois
Archer National Bank of Chicago
Chicago, Illinois
Chicago National Bank
Chicago, Illinois*

FR - 1-9-95
NP - **

Y-2

Illinois Financial Services, Inc.
Chicago, Illinois
Alpha Bancorp, Inc.
Chicago, Illinois
Alpha Financial Corporation
Chicago, Illinois
Archer National Bank of Chicago
Chicago, Illinois
Chicago National Bank
Chicago, Illinois*

FR - 1-9-95
NP - **

Y-l

B J Morgan Bancshares, Inc.
Morgantown, Indiana
First State Bank
Morgantown, Indiana*

FR - 1-9-95
NP - **




Federal Reserve Bank of Chicago
Section II - Applications Subject to Both Newspaper and Federal
Register Notice
(Continued)
Comment Period
Ending Date

Type

Application

Y-l

First State Bancorp of Monticello, Inc.
Employee Stock Ownership Plan
Monticello, Illinois
First State Bancorp of Monticello, Inc.
Monticello, Illinois
Atwood State Bank
Atwood, Illinois
First State Bank of Bloomington
Bloomington, Illinois
First State Bank of Heyworth
Heyworth, Illinois
First State Bank Monticello
Hammond, Illinois*

FR - 1-6-95
NP - **

Y-2

Firstar Corporation
Milwaukee, Wisconsin
First Moline Financial Corp.
Moline, Illinois
First Moline
Moline, Illinois
First Federal Savings Bank of Moline
Moline, Illinois*

FR - 11-14-94
NP - 12-30-94

Y-2

Firstar Corporation of Iowa
Des Moines, Iowa
First Moline Financial Corp.
Moline, Illinois
First Moline
Moline, Illinois
First Federal Savings Bank of Moline
Moline, Illinois*

FR - 11-14-94
NP - 12-30-94

CoC-HC

Tama County Abstract Company
Toledo, Iowa
by Michael R. Mickelson &
John M. Mickelson

FR - **
NP - **

Y-l

Foxdale Bancorp, Inc.
South Elgin, Illinois
Foxdale Bank
South Elgin, Illinois

FR - 10-31-94
NP - 10-26-94




Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only

Comment Period
Ending Date

Application
f-4

Bank of Montreal
Toronto, Canada
Burns Fry Holding Corporation
Toronto, Canada

FR - 12-12-94

1 (c) (8)

Associated Banc-Corp
Green Bay, Wisconsin
Associated Trust Company of Illinois,
Chicago, Illinois

FR - 12-9-94
Inc.

1(c) (8)

D & D Bancshares, Inc.
FR - 12-12-94
Mount Auburn, Iowa
to buy participation loans from the subsidiary bank

1 (c) (8)

West Town Bancorp, Inc.
Cicero, Illinois
to engage Dg Novo in making & servicing
of loans

FR - 12-19-94

SMB-OT

Old Kent Bank and Trust Company
Grand Rapids, Michigan
Hartger & Willard Mortgage Associates,
Grand Rapids, Michigan
Marshall & Ilsley Corporation
Milwaukee, Wisconsin
Software Alliance Corporation
Berkeley, California

FR - **

Y-4

Y-4

Firstar Corporation
Milwaukee, Wisconsin
Investors Insurance Agency,
Wayzata, Minnesota

In c .
FR - 12-20-94

FR - 12-29-94
Inc.

Y-4

Firstar Corporation of Minnesota
Bloomington, Minnesota
Investors Insurance Agency, Inc.
Wayzata, Minnesota

4(c) (8)

American National Corporation
FR - 12-23-94
Chicago, Illinois
to engage in making acquiring or servicing
loans thru ANB Mezzanine Corporation,
Chicago, Illinois




FR - 12-29-94

Federal Reserve Bank of Chicago
Section III - Applications Subject to Federal Register
Notice Only
Continued

Comment Period
Ending Date

Typ.fi

Application

4 (c) (8)

Huxley Bancorp
FR - 12-23-94
Huxley, Iowa
to engage in the business of making and
servicing loans up to a minimum of $500,000

Y-4

First State Bancorp of Monticello,
Employee Stock Ownership Plan
Monticello, Illinois
Eskridge Agency, Inc.
Monticello, Illinois

4 (c) (8)

SBC, Inc.
Countryside, Illinois
Secure Holdings, Inc.
Countryside, Illinois
Secure Savings Bank FSB
Fontana, California

FR - 11-15-94

4(c) (8)

Associated Banc-Corp
Green Bay, Wisconsin
Citizens Securities Company
Green Bay, Wisconsin

FR - **

4 (c) (8)

Shorebank Corporation
Chicago, Illinois
Shoretrust Trading Group,
Ilwaco, Washington

FR - **




Inc.

Inc.

FR - 1-6-95

Federal Reserve Bank of Chicago
Section IV - Applications Not Subject to Federal Register or Newspaper
Notice

Type

Application

RoS

First Waukegan Corporation
Glenview, Illinois
to purchase & redeem up to 313,794 shares 149.7%
of its issued & outstanding common stock

RoS

American Chartered Bancorp
Schaumburg, Illinois
to redeem 229,012 shares of nonvoting preferred stock

N - Newspaper
FR - Federal Register
* - Subject to Provisions of Community Reinvestment Act
* *
- Not available at this time




AVAILABILITY OF CRA PUBLIC EVALUATIONS
The following state member banks have been examined by the Federal Reserve
Bank of Chicago for compliance with the CRA.
The 30-day business day period
the bank has to make the evaluation public has lapsed during the week ending
December 16, 1994.
If you are interested in obtaining a copy of the
evaluation document, please contact the bank(s) directly.
Identification of Ratings
O-An institution in this group has an outstanding record of, and is a leader
in, ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods, in a
manner consistent with its resources and capabilities.
S-An institution in this group has a satisfactory record of ascertaining and
helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent with
its resources and capabilities.
NI-An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
SN-An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire delineated
community, including low- and moderate-income neighborhoods, in a manner
consistent with its resources and capabilities.
BANK NAME/LOCATION

-Baylake Bank
217 North 4th Avenue
P . 0. Box 9
Sturgeon Bay, Wisconsin
(414) 743-5551




EXAMINATION DATE

RATINGS

54235
9/12/94

0

Federal Reserve Bank of St. Louis
FOR THE VEEK ENDING December 16, 1994

Application

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE
End of Comment Period

♦Section 3(a)(1) notification by Confluence Bancshares
Corporation, St. Peters, Missouri, to acquire Duchesne
Bank, St. Peters, Missouri.

Application

12/28/94

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
End of Comment Period

♦Section 3(a)(3) application by Linn Holding Company,
Inc., Linn, Missouri, to acquire Heritage Bank,
Loose Creek, Missouri.

Newspaper:

1/7/95

♦Section 3(a)(1) application by Whipple Family Limited
Partnership, Arkadelphia, Arkansas, to acquire Central
Arkansas Bancshares, Inc., Arkadelphia, Arkansas.

Newspaper:

1/15/95

♦Section 3(a)(3) application by First Banks, Inc., St.
Louis, Missouri, to acquire HNB Financial Group,
Huntington Beach, California.

Newspaper:

1/11/95

♦Change in control notification involving Regional
Bancshares, Inc., Alton, Illinois, by the Paul
Utterback Trust.

Newspaper:

12/23/94

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
Application
End of Comment Period
Section 4(c)(8) notification by Mercantile Bancorporation
Inc., St. Louis, Missouri, to engage in mortgage banking
activities through its acquisition of Central Mortgage
Bancshares, Inc., Kansas City, Missouri.
Not yet available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
Application
End of Comment Period
None.

♦This Application is subject to CRA.




FEDERAL RESERVE BANK OF ST. LOUIS
St. Louis, Missouri
AVAILABILITY OF CRA PUBLIC DISCLOSURES
Identification o f Ratings:
O utstanding record o f m eeting com m unity credit needs
A n institution in this group has an outstanding record of, and is a leader in, ascertaining and helping to
m eet the credit needs o f its entire delineated com m unity, including lo w - and m oderate-income
neighborhoods, in a manner consistent w ith its resources and capabilities.
Satisfactory record o f m eeting com m unity credit needs
A n institution in this group has a satisfactory record o f ascertaining and helping to m eet the credit needs
o f its entire delineated com munity, including lo w - and m oderate- incom e neighborhoods, in a manner
consistent w ith its resources and capabilities.
Needs to im prove record o f m eeting com m unity credit needs
A n institution in this group needs to improve its overall record o f ascertaining and helping to m eet the
credit needs o f its entire delineated com munity, including lo w - and moderate-incom e neighborhoods, in a
m anner consistent with its resources and capabilities.
Substantial noncompliance in m eeting com m unity credit needs
A n institution in this group has a substantially deficient record o f ascertaining and helping to m eet the
credit needs o f its entire delineated com m unity, including lo w - and moderate-incom e neighborhoods, in a
m anner consistent w ith its resources and capabilities.

FOR THE WEEK ENDING

Name of Bank
None




December 16, 1994

Bank Address

Examination
Date

Examination
Rating

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section I - Applications Subject to
Newspaper Notice Only
Comment Period
Ending Date

Application
First Interstate Bank of
Commerce, Billings, MT, to
merge with First Citizens Bank
of Bozeman, Bozeman, MT, and
incident thereto establish a
branch

January 6, 1995

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Application

Comment Period
Ending Date

Stearns Financial Services, Inc.,
ESOP, Albany, Minnesota, to become
a bank holding company through the
acquisition of 30.OX of the voting
shares of Stearns Financial Services,
In c ., Albany, MN*

January 9, 1995
(Federal Register)

Kootenai Bancorp, Inc., Libby, MT
to acquire 100% of the voting shares
of First National Bank of Montana,
Butte, MT*

January 17, 1995
(Federal Register)

Winton Jones Limited Partnership
and Anchor Bancorp, Inc., Wayzata,
MN, to acquire 100X of the voting
shares of First National Bank of
Farmington, Farmington, MN*

January 17, 1995
(Federal Register)

John Holdhusen, Richard Holdhusen,
and Thomas Holdhusen, to acquire
control of 27.6X, 27.6%, and 33.7Z,
respectively, of the voting shares
of Yellowstone Trail Bancorporation,
Ipswich, SD*

Not yet available

First Bank System, Inc., Minneapolis,
MN, for prior approval to merge with
First Western Corporation, Sioux
Falls, SD*

Not yet available

*Subject to CRA




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section III - Applications Subject
to Federal Register Notice Only
Comment Period
Ending Date

Application
Stearns Financial Services, Inc.,
ESOP, Albany, Minnesota, to engage
in general insurance agency
activities through the acquisition
of Stearns Financial Services, Inc.,
Albany, MN

January 9, 1995

Security State Agency of Aitkin, Inc.,
Aitkin, MN, to engage in general
insurance agency activities through
the acquisition of Norshor Agency
Inc.'s insurance agency business located
in Grand Marais, MN

Not yet available

FEDERAL RESERVE BANK OF MINNEAPOLIS
Section IV - Applications Not Subject to
Federal Register Notice or Newspaper Notice

Application
NONE.




FEDERAL RESERVE BANK OF MINNEAPOLIS
Section V - Availability of
CRA Public Evaluations
week ending December 16, 1994
ASSIGNMENT OF RATING
Identification of Ratings
In connection with the assessment of each insured depository institution's CRA
performance, a rating is assigned from the following groups:
OUTSTANDING RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
SATISFACTORY RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
NEEDS TO IMPROVE RECORD OF MEETING COMMUNITY CREDIT NEEDS.
An institution in this group needs to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
SUBSTANTIAL NONCOMPLIANCE IN MEETING COMMUNITY CREDIT NEEDS.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low-and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
BANK(S) EXAMINED

DATE OF EXAMINATION

CRA RATING

Farmers State Bank
P.0. Box 338
Viborg, SD 57070
(605) 326-5226

September 12, 1994

Outstanding




Federal Reserve Bank of Kansas C ity

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER NOTICE ONLY
APPLICATION

COMMENT PERIOD ENDING DATE

Adams Bank & Trust, Ogallala,
Nebraska, for prior approval to
become a member of the Federal
Reserve System.

Not Available

Poteau State Bank, Poteau, Oklahoma,
for prior approval to become a member
of the Federal Reserve System.

Not Available

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

COMMENT PERIOD ENDING DATE

Byron State, Inc., Byron, Nebraska,
for prior approval to become a bank
holding company through the
acquisition of 80 percent of the
voting shares of Byron State Bank,
Byron, Nebraska.*

January 12, 1995

Hoeme Family Partnership, Scott City,
Kansas, for prior approval to become
a bank holding company through the
acquisition of 33.5 percent of the
voting shares of The First National
Bancshares of Scott City, Ltd., Scott
City, Kansas.*

January 17, 1995

Commerce Bancshares, Inc., Kansas
City, Missouri, for prior approval to
acquire 100 percent of the voting
shares of Union Bancshares, Inc.,
Wichita, Kansas, and thereby
indirectly acquire Union National
Bank of Wichita, Wichita, Kansas.*

January 4, 1995

Barry Limited Partnership,
Valparaiso, Nebraska, for prior
approval to become a bank holding
company through the acquisition of
69.7 percent of the voting shares of
Valparaiso Enterprises, Inc.,
Valparaiso, Nebraska, and thereby
indirectly acquire Oak Creek Valley
Bank, Valparaiso, Nebraska.*

January 9, 1995




Federal Reserve Bank of Kansas C ity

Citizens National Corporation,
Wisner, Nebraska, for prior approval
to acquire 100 percent of the voting
shares of The First National Bank of
Attica, Attica, Kansas.*

January 10, 1995

Union Bancshares, Inc., Wichita,
Kansas, for prior approval to acquire
100 percent of the voting shares of
CBI-Central Kansas, Inc., Kansas
City, Missouri.*

January 4, 1995

The Estes Park Bank Restated Employee
Stock Ownership 4 0 1 (K) Plan &
Retirement Trust, Estes Park,
Colorado, for prior approval to
acquire 47.43 percent of the voting
shares of Estes Bank Corporation,
Estes Park, Colorado.*

January 12, 1995

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER NOTICE
ONLY
APPLICATION
First Commerce Bancshares, Inc.;
Stuart Family Partnership; Catherine
Stuart Schmoker Family Partnership;
James Stuart, Jr. Family Partnership;
and Scott Stuart Family Partnership,
all of Lincoln, Nebraska, for prior
approval to acquire 50 percent of
Community Mortgage Company, Lincoln,
Nebraska, and to engage in the
nonbanking activity of real estate
l o ans.*

COMMENT PERIOD ENDING DATE
Not Available

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.




Federal Reserve Bank of Kansas C ity

SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
Identification of Ratings
In connection with the assessment of each insured depository
institution's CRA performance, a rating is assigned from the
following groups:
Outstanding record of meeting community credit needs
An institution in this group has an outstanding record of
ascertaining and helping to meet the credit needs of its
entire
delineated community, including low- and moderateincome
neighborhoods,
in a manner consistent
with its
resources and capabilities.
Satisfactory record of meeting community credit needs
An institution in this group has a satisfactory record of
ascertaining and helping to meet the credit needs of its
entire
delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with
its
resources and capabilities.
Needs to improve record of meeting community credit needs
An institution in this group needs to improve its overall
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with
its
resources and capabilities.
Substantial noncompliance in meeting community credit needs
An institution in this group has a substantially deficient
record of ascertaining and helping to meet the credit needs of
its entire delineated community, including low- and moderateincome
neighborhoods, in a manner
consistent with
its
resources and capabilities.
CRA
Rating

Bank/Location

Exam Date

CRA Public
Date

The Morris State Bank
P.O. Box 70
Morris, Oklahoma 74445-2035

09-12-94

12-14-94

Satisfactory

Bank One, Oklahoma City
P.O. Box 656
Oklahoma City, Oklahoma

08-22-94

12-14-94

Outstanding

12-15-94

Satisfactory

73101-0656

09-12-94
Riverton State Bank
P.O. Drawer BE
Riverton, Wyoming 82501-1230
*Application is subject to CRA.




FEDERAL RESERVE BANK OF DALLAS APPLICATIONS BULLETIN
APPLICATIONS AND NOTIFICATIONS FILED DURING THE WEEK OF DECEMBER 12, 1994

SECTION I - APPLICATIONS SUBJECT TO NEWSPAPER
NOTICE ONLY
APPLICATION

NOTICE EXP

♦Section 9 application received from
Citizens Bank and Trust Company of Baytown,
Baytown, TX, to establish a branch at 3530 Market
Street, Baytown, TX

95/01/02

SECTION II - APPLICATIONS SUBJECT TO BOTH
NEWSPAPER AND FEDERAL REGISTER NOTICE
APPLICATION

** NOTICE EXP

Change in Control Notice by
Citizens National Bank Employee Stock Ownership Plan,
Crockett, TX, to acquire an interest in Citizens Bancorp,
Inc., Crockett, TX
(Previously reported during the week of 11-21-94)

94/12/31

♦Section 3(a)(3) application by
Nacogdoches Commercial Bancshares, Inc., Nacogdoches, TX,
to acquire Security National Bank, Nacogdoches, TX

N/A

♦Section 3(a)(3) application by
A.N.B. Holding Company, Ltd., Terrell, TX, to acquire
The ANB Corporation, Terrell, TX; The ANB Delaware
Corporation, Terrell, TX; and The American National
Bank of Terrell, Terrell, TX

N/A

SECTION III - APPLICATIONS SUBJECT TO FEDERAL REGISTER
NOTICE ONLY
APPLICATION

NOTICE EXP

None.

SECTION IV - APPLICATIONS NOT SUBJECT TO FEDERAL REGISTER NOTICE
OR NEWSPAPER NOTICE
APPLICATION
None.
* SUBJECT TO CRA.
** EXPIRATION DATE IS THE DATE SPECIFIED IN THE NEWSPAPER NOTICE ONLY.
N/A - NOT AVAILABLE AT THIS TIME.




SECTION V - AVAILABILITY OF CRA PUBLIC EVALUATIONS
FOR THE WEEK OF DECEMBER 12. 1994
Outstanding record of meeting community credit needs.
An institution in this group has an outstanding record of, and is a
leader in, ascertaining and helping to meet the credit needs of its
entire delineated community, including low- and moderate-income
neighborhoods, in a manner consistent with its resources and
capabilities.
Satisfactory record of meeting community credit needs.
An institution in this group has a satisfactory record of ascertaining
and helping to meet the credit needs of its entire delineated community,
including low- and moderate-income neighborhoods, in a manner consistent
with its resources and capabilities.
Needs to Improve record of meeting community credit needs.
An institution in this group need to improve its overall record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Substantial Noncompliance in meeting community credit needs.
An institution in this group has a substantially deficient record of
ascertaining and helping to meet the credit needs of its entire
delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.

Bank
First Bank Pearland
3102 E. Broadway
P. 0. Box 1950
Pearland, TX 77588-1950




Date of
Examination

94/09/12

CRA Ratinq

Satisfactory

FEDERAL RESERVE BANK OF SAN FRANCISCO
94-50
Week ending 12/16/94
Section I - Applications Subject to Newspaper Notice Only
Application

Comment Period Ending Date

None

Section II - Applications Subject to Both
Newspaper and Federal Register Notice
Amerika Samoa Bank, Pago Pago, American Samoa,
to form a bank holding company that will result
from corporate reorganization involving
substantially the same shareholders. *

Newspaper:

12/09/94

Fed. Reg.:

Not yet published

Section III - Applications Subject to Federal Register Notice Only
None

Section IV - Applications Not Subject to Federal Register Notice
or Newspaper Notice
Northrim Bank, Anchorage, Alaska, to purchase up to 110,000 shares of outstanding
common stock.

* Subject to CRA.




FEDERAL RESERVE BANK OF SAN FRANCISCO (cont'd.)
94-50
Week Ending 12/16/94
Section V - Availability of CRA Public Evaluations
The CRA public evaluations of the institution(s) below became available during
the week ending December 16, 1994. Information about a particular institution's
CRA evaluation may be obtained directly from the institution.
Institution

Location

Examination Date

Rating*

None

*Under the rating system an institution's CRA performance is assigned one of
the following four ratings:
Outstanding record of meeting community credit needs: An institution has
an outstanding record of, and is a leader in, ascertaining and helping to
meet the credit needs of its entire delineated community, including
low- and moderate-income neighborhoods, in a manner consistent with its
resources and capabilities.
Satisfactory record of meeting community credit needs: An institution has
a satisfactory record of ascertaining and meeting the credit needs of its
entire delineated community, including low- and moderate-income neighborhoods,
in a manner consistent with its resources and capabilities.
Needs to improve record of meeting community credit needs: An institution
needs to improve its overall record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities.
Substantial noncomoliance in meeting community credit needs: An institution
has a substantially deficient record of ascertaining and helping to meet the
credit needs of its entire delineated community, including low- to moderateincome neighborhoods, in a manner consistent with its resources and capabilities.

The above listing has been prepared as a courtesy by the Federal Reserve Bank of
San Francisco, and is not intended to replace formal notices required by statute
or regulation; the Reserve Bank assumes no responsibility for errors or omissions.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102